Koordination von Lohnverhandlungen (Coordination of wage bargaining)
"Collectively bargained wage contracts - in Germany discussed under the heading ‘Flaechentarifvertraege’ - are often asserted to compress the wage structure, to systematically bias wages and therefore to destroy employment opportunities. Accordingly they are accused of being inefficient compared to bilateral wage negotiations. Traditionally economists favored decentralized wage bargaining because it is closest to the idealized market model. More recent theoretical developments, however, take market imperfections (information asymmetries, market power etc.) as their starting point and show that market imperfections may be reduced by, for example, unions. Models of imperfect markets lead to different and more realistic evaluations of institutions than would be possible on the basis of the perfect market model. This article provides an overview of the theoretical and empirical discussion of the relations between wage bargaining systems, wage inequality, and employment. This contribution shows that more coordinated wage bargaining systems correlate with lower wage inequality but the often claimed correlation between low wage inequality and labor market mal performance cannot be found at the aggregated level. Countries with high wage inequality - like the US - but also countries with low wage inequality - like the Scandinavian countries - achieve high employment rates." (Author's abstract, IAB-Doku) ((en))
Volume (Year): 36 (2003)
Issue (Month): 4 ()
|Contact details of provider:|| Postal: Regensburger Str. 104, D-90327 Nürnberg|
Web page: http://www.iab.de/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Soskice, David, 1990. "Wage Determination: The Changing Role of Institutions in Advanced Industrialized Countries," Oxford Review of Economic Policy, Oxford University Press, vol. 6(4), pages 36-61, Winter.
- Martin Beck & Bernd Fitzenberger, 2004.
"Changes in Union Membership Over Time: A Panel Analysis for West Germany,"
CEIS, vol. 18(3), pages 329-362, September.
- Fitzenberger, Bernd & Beck, Martin, 2003. "Changes in Union Membership Over Time: A Panel Analysis for West Germany," ZEW Discussion Papers 03-42, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Nickell, Stephen & Bell, Brian, 1996. "Changes in the Distribution of Wages and Unemployment in OECD Countries," American Economic Review, American Economic Association, vol. 86(2), pages 302-308, May.
- David Card, 1989. "Deregulation and Labor Earnings in the Airline Industry," Working Papers 627, Princeton University, Department of Economics, Industrial Relations Section..
- David Card, 1996. "Deregulation and Labor Earnings in the Airline Industry," NBER Working Papers 5687, National Bureau of Economic Research, Inc.
- Rowthorn, R E, 1992. "Centralisation, Employment and Wage Dispersion," Economic Journal, Royal Economic Society, vol. 102(412), pages 506-523, May.
- Bewley, Truman F, 1995. "A Depressed Labor Market as Explained by Participants," American Economic Review, American Economic Association, vol. 85(2), pages 250-254, May.
- Peter Gottschalk & Timothy M. Smeeding, 1997. "Cross-National Comparisons of Earnings and Income Inequality," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 633-687, June.
- Lijphart, Arend & Crepaz, Markus M. L., 1991. "Corporatism and Consensus Democracy in Eighteen Countries: Conceptual and Empirical Linkages," British Journal of Political Science, Cambridge University Press, vol. 21(02), pages 235-246, April.
- Glyn, Andrew, 1995. "The Assessment: Unemployment and Inequality," Oxford Review of Economic Policy, Oxford University Press, vol. 11(1), pages 1-25, Spring.
- Thomas Beissinger & Chritoph Knoppik, 2005. "Sind Nominallöhne starr? Neuere Evidenz und wirtschaftspolitische Implikationen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 6(2), pages 171-188, May.
- Beissinger, Thomas & Knoppik, Christoph, 2003. "Sind Nominallöhne starr? Neuere Evidenz und wirtschaftspolitische Implikationen," IZA Discussion Papers 800, Institute for the Study of Labor (IZA).
- McDonald, Ian M & Solow, Robert M, 1981. "Wage Bargaining and Employment," American Economic Review, American Economic Association, vol. 71(5), pages 896-908, December.
- Carlin, Wendy & Soskice, David, 1990. "Macroeconomics and the Wage Bargain: A Modern Approach to Employment, Inflation, and the Exchange Rate," OUP Catalogue, Oxford University Press, number 9780198772446.
- Fitzenberger, Bernd & Franz, Wolfgang, 1993. "Dezentrale versus zentrale Lohnbildung in Europa: Theoretische Aspekte und empirische Evidenz," Discussion Papers 9, University of Konstanz, Center for International Labor Economics (CILE).
- Teulings,Coen & Hartog,Joop, 2008. "Corporatism or Competition?," Cambridge Books, Cambridge University Press, number 9780521049399, December.
- Teulings,Coen & Hartog,Joop, 1998. "Corporatism or Competition?," Cambridge Books, Cambridge University Press, number 9780521590730, March.
- Richard B. Freeman, 2000. "Single Peaked Vs. Diversified Capitalism: The Relation Between Economic Institutions and Outcomes," NBER Working Papers 7556, National Bureau of Economic Research, Inc.
- Blau, Francine D & Kahn, Lawrence M, 1996. "International Differences in Male Wage Inequality: Institutions versus Market Forces," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 791-836, August.
- Francine D. Blau & Lawrence M. Kahn, 1994. "International Differences in Male Wage Inequality: Institutions versus Market Forces," NBER Working Papers 4678, National Bureau of Economic Research, Inc.
- Franz, Wolfgang, 1995. "Die Lohnfindung in Deutschland in einer internationalen Perspektive: Ist das deutsche System ein Auslaufmodell?," Discussion Papers 24, University of Konstanz, Center for International Labor Economics (CILE).
- Hall, Peter A. & Franzese, Robert J., 1998. "Mixed Signals: Central Bank Independence, Coordinated Wage Bargaining, and European Monetary Union," International Organization, Cambridge University Press, vol. 52(03), pages 505-535, June.
- Michael Bruno & Jeffrey D. Sachs, 1985. "Economics of Worldwide Stagflation," NBER Books, National Bureau of Economic Research, Inc, number brun85-1, November. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:iab:iabmit:v:2003:i:4:p:634-648. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (IAB, Geschäftsbereich Dokumentation und Bibliothek)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.